Black Box

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Black Box

1. Any complex investment strategy or model. In general, a black box involves a computer using complicated formulas to achieve returns in the desired way. Because an investor may not understand the model (and may not be able to do so), a black box can lead to unforeseen problems. See also: Black box syndrome.

2. In Islamic finance, a strategy that allows one to invest funds in a Sharia-compliant way but still link the returns to non-compliant investments. Using a black box is very controversial and some Islamic finance scholars reject it as un-Islamic.
References in periodicals archive ?
Response: effective EDR is impossible without a response that enables organizations to clean infected systems remotely as an alternative to the costly and disruptive manual reimaging of computers.
Answer: Here are the main advantages to a construction owner of securing an EDR bond over an LOC:
Mellanox's EDR 100Gb/s InfiniBand solutions provide world- leading, scalable performance to address the bandwidth requirements of the next generation, scalable high- performance compute and storage platforms, said Gilad Shainer, vice president of marketing at Mellanox Technologies.
EDR technology, on the other hand, provides indisputable evidence.
According to experts, 75 to 90 percent of motor vehicles have some type of EDR.
I EDR ivedant Klaipedos miesto nekilnojamojo Kulturos paveldo objektu grafinius duomenis buvo atsizvelgta i Klaipedos miesto bendraju plana.
We will [send EDR custom reports] on a weekly basis," says John Kembel, vice president of social solutions at Right-Now.
Cynthia French, Exiqon Diagnostics Chief Scientific Officer, stated, "The Oncotech EDR Assay has once again been proven through clinical studies to be a valuable tool in individualizing medicine for cancer patients.
Additionally, early studies consistently show that driver awareness of an EDR reduces the frequency of accidents.
What does the risk manager who will harness the information gleaned from EDR need to know in order to use the data effectively?
Under EDR, which is sometimes called same-day registration (SDR), qualified voters can go to their polling place on Election Day to register and vote at the same time.